Can Iraq’s Dawn Campaign Turn Recovered Corruption Funds Into Debt Relief?

Iraq’s Dawn anti-corruption campaign is increasingly tied to debt reduction as Baghdad seeks to recover stolen assets, curb financial leakage and reduce reliance on borrowing. ERBIL (Kurdistan24) – Iraq’s expanding anti-corruption campaign is increasingly being tied to a second challenge confronting the federal government: a large and growing debt burden that has become harder to…

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Abacus Finance Group Provides Senior Debt Financing to Support River Associates’ Leveraged Buyout of Horsepower Automotive Group

Abacus Finance Group served as senior secured credit facilities administrative agent and lead arranger in a senior debt financing to support River Associates’ leveraged buyout of Horsepower Automotive Group. Abacus Finance Group also made an equity co-investment in Horsepower Automotive Group. Horsepower Automotive Group is a designer and engineer, manufacturer, and distributor of premium, branded automotive…